In Latest Brexit Woe, UK’s On the Beach Travel Sales Plunge

Some banknotes from the United Kingdom. On the Beach Group shares plunged after the UK-based online seller of package vacations warned full-year profit will miss expectations because of the weakening pound. Bloomberg Skift Take: A drop in the value of the British pound relative to the euro and the dollar is pressuring On the Beach. … [Read more…]

Why Ebix Wants to Buy India’s Corporate Travel Player Yatra for $336 Million

Ebix chairman and CEO Robin Raina talks at Ebix Presents TV18 India Rising Summit 2019, a pan-India thought leadership effort sponsored by Raina’s U.S.-based software company. Ebix has bid to acquire Yatra, an online travel company in India, as part of Ebix’s expansion into travel services. Ebix Skift Take: Ebix has made a generous takeover … [Read more…]